Lubbock is 40% cheaper than Peoria.
When comparing Lubbock, TX and Peoria, AZ, the overall cost of living indices are 75 and 125 respectively (national median = 100). Rent is $606/month cheaper in Lubbock, saving renters about $7,272/year.
Median household income is $32,916/year higher in Peoria. Home values also differ significantly — the median in Lubbock is $197,900 compared to $429,400 in Peoria.
Texas has no state income tax, giving Lubbock residents a significant tax advantage over Arizona's 2.5% rate.
Lubbock vs Peoria — common questions
Other cost of living comparisons for Lubbock and Peoria